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Gaming experts see this and other indicators as signs that the uptick in visitor volume points to an earlier-than-expected recovery. This is happening as COVID-19 vaccines have become widely available. An estimated 4 million adults are being vaccinated in the US each day.<\/p>\n<\/div>\n
Barry Jonas, a Truist Securities analyst, told the newspaper a gradual turnaround became evident at the first of the year.\u00a0<\/span><\/p>\n\u201cJanuary, there were some improvements,\u201d he said. \u201cFebruary, probably OK. But March appears to really be seeing strength in Vegas, as well as across the country, at least anecdotally from companies.\u201d<\/p>\n
\u2018Cabin Fever\u2019<\/h2>\n
The Morgan Stanley report indicates visitors are continuing to choose Las Vegas as a destination. Foot traffic on the Strip in March was almost 60 percent of what it had been before the first COVID-19 cases surfaced, the newspaper reported.<\/p>\n
This trend is holding up even after the spring break crowds have gone home and the NCAA men\u2019s basketball tournament, always a big draw in Las Vegas, has ended.<\/p>\n
The Morgan Stanley report notes that future room reservations are \u201cstronger than current occupancy\u201d at some hotel-casinos.<\/p>\n
The larger crowds are noticeable. On the Review-Journal <\/i>Facebook page, a social media user identified as Al Tilley says in the comment section of one post that this influx is no surprise.<\/p>\n
\u201cImagine an entire country cooped up for months with cabin fever and stimulus checks,\u201d the user wrote. \u201cAdult Disneyland was never more needed.\u201d<\/p>\n